the pink pound
- 15 Jul 2003 01:10
From earlier this year.
"The fund raise significantly strengthens Symphony's balance sheet and will
allow us to maintain the quantum growth we have enjoyed over the past few
months. We are now receiving significant interest from a variety of sectors in
our degradable solution to the problems associated with plastic waste and,
following this strengthening of our resources, we are in a much stronger
position to meet the considerable demand for our products."
This last statement shows that corporations are looking seriously at Symphonys products. Yesterdays announcement shows a real coup for the company, as they have walked away from a potential exclusivity contract with no penalties!. Rarely seen IMO.
Bio-degradeable products are appearing everywhere, especially in the consumer disposal market, and Symphony look to be taking a large chunk of this with their own brands.
I believe strongly in the management of the company. I see they have the technical ability and also the qualities required to deal with the financial markets. Too often we see an excellent company with strong technical management, only to see them fail as they have no idea how to deal with the stock market.
That is why I am nominating Symphony plastics as my "tip of the week". If you get in early enough, I believe you could see a potential treble bagger by the end of July.
I would welcome your comments on the above analysis.
watcher
- 07 Jun 2007 16:10
- 250 of 362
after last r.n.s. and some small buying today i hope things pick up as SYM have sat still for to long now..prelims before the month is out they said..
watcher
watcher
- 14 Jul 2007 14:14
- 251 of 362
even barclays think this a cheap s.p. having increased their holding from 4% to 5% recently..fingers crossed on the up soon..
watcher
queen1
- 28 Sep 2007 14:00
- 252 of 362
Symphony Environmental Technologies reported a wider first-half pretax loss on a 28 pct decline in sales due to the implementation of strategy changes, but said that it looks forward to the future with confidence. The degradable plastics and waste-to-energy group posted a pretax loss of 1.06 mln stg for the six months ended June 30, compared with a loss of 0.87 mln stg last year, on sales of 1.7 mln stg, down from 2.35 mln.
The company said that the recent changes to its management structure and operating personnel are having a positive effect on its operations. The group is now moving into a period of lower operating cost and higher gross profit following the completion of its restructuring program, it said.
The company added that it will continue to invest in technology and marketing advancements in all areas of the business.
Global Nomad
- 28 Sep 2007 22:13
- 253 of 362
nice to see someone else still here with a watching brief, and patience.....
queen1
- 29 Sep 2007 18:05
- 254 of 362
Much patience required Global Nomad but all will be good (and green) in the end...
BAYLIS
- 27 Oct 2007 12:34
- 255 of 362
Symphony Environmental Tech.
PLC 02 October 2007
2 October 2007
SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC ("Symphony" or the "Company")
CHANGE OF NOMINATED ADVISER & BROKER
The Directors of Symphony are pleased to announce that HB Corporate, a division
of Hoodless Brennan plc, has been appointed as the Company's Nominated Adviser
and Broker with immediate effect.
For further information: Symphony Michael Laurier, Chief Executive 020 8207 5900
HB Corporate Rod Venables 020 7510 8600
BAYLIS
- 27 Oct 2007 12:36
- 256 of 362
Further information on the Symphony Group can be found at
www.symphonyplastics.com and www.degradable.net
morgan
- 26 Nov 2007 13:11
- 257 of 362
Symphony Environmental Tech. PLC
26 November 2007
26 November 2007
SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC
EXECUTIVE AND STAFF SHARE OPTIONS
DISTRIBUTORS' SHARE OPTION REWARD SCHEME
Symphony Environmental Technologies Plc ('Symphony' or 'the Company'), the
degradable plastics and waste-to-energy Group, is pleased to announce that it
has granted the following options in recognition of the efforts made since April
this year and as an incentive for future performance.
Up to 2,270,000 options will be granted to all the staff of the Company and its
subsidiaries under the Company's EMI scheme. The options are exercisable at a
subscription price of 2.75 pence per share at any time after the second
anniversary and before the tenth anniversary of the option grant date.
A total of 10,000,000 options will be granted to the Directors of the Company at
a subscription price of 2.75 pence per share, exercisable between the first and
tenth anniversary of the option grant date. These options are exercisable only
if the share price of the Company's shares has risen to a level which is at
least three times greater than the share price at the close of business on 23
November 2007. The share options granted to the Directors are as follows:
Nirj Deva 1,500,000
Michael Laurier 2,500,000
Michael Stephen 2,000,000
Ian Bristow 3,000,000
Michael Stephens 1,000,000
All existing share options granted to executives and staffs are to be cancelled
with the exception of 1,200,000 share options granted to Michael Stephen on 28
April 2007. The 12,270,000 new executive and staff share options represent 14%
per cent of the Company's current issued share capital.
DISTRIBUTORS' SHARE OPTION REWARD SCHEME
The Company is launching a new share option reward program for its key
distributors in recognition of their valuable contribution during 2007 and for
attaining certain sales levels going forward. The Company is intending to grant
options in proportion to revenue generated by each distributor in 2007 and it is
expected that up to 250,000 options will be granted before the end of the year.
The subscription price will be 5 pence per share. The options may be exercised
after one year from date of grant, and within 3 years from date of grant, and
provided the grantee remains a distributor of d2w.
For 2008 and subsequent years the number of shares and the option price will be
fixed at the end of the year
hangon
- 26 Nov 2007 14:36
- 258 of 362
Grief if anyone thought things were bad before, the sp graph over 2007 tells a cautionary tale.
- Instead of lathering themselves with Options - Execs "Earn your salaries - get out there and sell..."
Shareholders are being taken for a ride, IMHO.
Options are already too high and represent a Win-Win situation for the Execs - usually smacks of general incompetance - but DYOR.
watcher
- 03 Dec 2007 16:27
- 259 of 362
thats a big increase today anyone shed any light on the jump......not complaining of course
watcher
watcher
- 03 Dec 2007 16:56
- 261 of 362
hope this leads the way to progress and recovery of s.p...nice RNS to start the festive month off....
watcher
G D Potts
- 03 Dec 2007 17:18
- 262 of 362
yep very good news. Shows confidence in Symphony.
Moving to profit could help the shares recover to the old heights.
G D Potts
- 04 Dec 2007 15:44
- 263 of 362
glad its followed on with another bounce.
G D Potts
- 04 Dec 2007 15:45
- 264 of 362
should provide the shares some support around 5 p till the next results.
XSTEFFX
- 06 Dec 2007 15:58
- 265 of 362
Hunter Hall is a leading international ethical fund manager, based in Australia,
with $AUD 2.8 billion under management. The Hunter Hall Global Deep Green Trust
implements its positive ethical investment policy by investing only in companies
which make a positive impact on environmental, humanitarian, social, and
sustainability issues. In addition, it excludes investment in countries which
support commercial whaling and donates one third of management fees to charity,
including projects which support biodiversity.
Hunter Hall's Executive Chairman, Peter MacDonald Hall, said today: "We are
investing in Symphony because we want to see its cost-effective degradable
plastic technology used to reduce the appalling problem of plastic waste which
floats on the oceans and pollutes the rivers, fields and streets of the world.
We also support the work it is doing in the field of waste-to-energy.
Our generation of humanity has the responsibility to take up the struggle to
understand the issues and to use our rationality to change human behaviour to
re-create a sustainable and balanced world."
watcher
- 06 Dec 2007 16:14
- 266 of 362
if the support holds at this level all that will help is positive news or imho it will slip again...still waiting to see if the buying kicks in for a smiley face future....sure i am not alone..keep busy steff
watcher
BAYLIS
- 06 Dec 2007 23:31
- 267 of 362
On a brighter note, Symphony Environmental Technologies continued to make progress, climbing 0.875 more to 4.875 following yesterday's news that the degradable plastics and waste-to-energy group will place up to 14 mln new shares with Hunter Hall's unit trusts and will raise gross proceeds of up to 700,000 stg.
Hunter Hall, an Australia-based leading international ethical fund manager, will hold a 19.13 pct stake in Symphony, or about 19.04 mln shares, if the placing is completed in full.
BAYLIS
- 12 Apr 2008 15:25
- 268 of 362
Symphony's d2w(R) degradable plastic technology is rapidly becoming
known as the market leader throughout the world and with South Africa's
progressive attitude on environmental issues we are delighted to have increased
our participation in this important market."
morgan
- 14 Apr 2008 12:08
- 269 of 362
Latest news showing up on Plastic & Rubber Weekly web site.
http://www.prw.com/homePBP_NADetail_UP.aspx?ID_Site=818&ID_Article=24558&mode=1&curpage=0